London's stellar 2017 was further boosted by the pound's post-referendum depreciation against the world's major currencies, which has helped increase the relative attractiveness of UK real estate to overseas investors.
In their Friday statement, the G7 said"there have been at times sharp fluctuations in major currencies, and we are concerned about their possible implications for economic and financial stability.".
The London Telegraph thinks“it is only a matter of time before the renminbi replaces the dollar as the primary currency for trading commodities and resources.”.
There have been at times sharp fluctuations in major currencies, and we are concerned about their possible implications for economic and financial stability.”.
Their forex offering includes 36 of the major currency pairs. Forex traders are treated to leverage of up to X200 which makes it easy to significantly increase your profits(or losses).
Com margin requirements is %2 for major currency pairs like EUR/USD and increase up to %10 for other currencies but if you take positions over $50m then margin requirements will increase without notice of clients.
To this end we will maintain strong cooperation to promote stability of the international monetary system and exchange rates among major currencies that are in line with fundamentals.
Most major currency pairs are known to have 0 pip spread during highly volatile trading conditions, which does keep the costs down for a majority of traders.
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